VML - Vital Metals

[barney]

Didn't have ASM on my watchlist of RE Stocks @aus_trader Certainly done/doing well

Interesting point of comparison based purely on the Resources of both Companies at this stage


ASM has a very tidy deposit at Dubbo –

Mineral Resources Total 75.18 million tonnes at 0.74% TREO + Reserves of 18.90 million tonnes at 0.735% TREO



VML has two separate deposits at this stage

The North T deposit hosts a high grade resource of 101,000 tonnes at 9.01% LREO , making it one of the highest grade rare earth deposits in the world. (Those were the words of Geoff Atkins, not me) Development of this deposit in currently underway under Stage 1.

The Tardiff Zone deposit boasts an impressive light rare earth oxides (LREO) resource of 94.7 million tonnes at 1.46% TREO

VML already have double the resource on hand, and a minimum of double the TREO% Compelling numbers once they get it past the pilot stage

 

[finicky]

Interesting rundown of U.S and Australian cooperation over rare earths and cobalt but no financing deals yet. The CCP thugs are also in a dilemma it seems because their artificially sustained low prices to suppress western RE project development becomes powerless when they block export (the ultimate goal of the stealthy warmakers). No supply means that Western consumers will pay whatever it takes for critical domestic production. But can they tool up fast enough?

Australia and the US: a rare, rare-earth partnership - Mine Magazine Australia | Yearbook 2020

‘Critical minerals’ under Chinese monopoly Minerals covered in the arrangement are labelled critical by several industrial nations due to their use in military and modern technologies, but also because, in some cases, China monopolises around 80% of supply, as is the case with cobalt.According...

mine.nridigital.com

 

[over9k]

Australia is the world's quarry and one of USA's closest allies with basically no way for anyone to physically block the shipments on account of there being no shipping lane choke points.

There will not be any issues.

 

[waterbottle]

And here's the Canadian government's release:

https://www.canada.ca/en/northern-e...development-in-the-northwest-territories.html

Confirmation that VML's project is being watched closely by government and if successful will likely play a fundamental role in the Canadian (and hopefully by extension the US) green industries.

 

[barney]

More good news from the lads today

Stage 2 can use Stage 1 equipment (Stage 2 should be funded by Stage 1 .... no major drain on Shareholders )

Adding a single Flotation step looks to bring all the Stage 2 Resource into play with minimal additional cost

The % of TREO will be very high ......

Still early days, but there is nothing to fault with their progress/projections/achievements to this point

Market hasn't gotten over excited at this stage, but today's Ann. added a lot more cement to the mixer

 

[waterbottle]

Agreed definitely a positive. Let's wait until product created. I'm hoping that the Canadian government will provide more funding as the rhetoric around green energy and China continues to ramp up.

 

[barney]

Agreed definitely a positive. Let's wait until product created. I'm hoping that the Canadian government will provide more funding as the rhetoric around green energy and China continues to ramp up.

Yeah, the RE sector is just chugging at the moment. VML are doing everything right but EOFY selling when the global markets look "nervous" is par for the course at this end of the spectrum

I don't mind seeing another $200K churn through today given the general market vibe however

Neutral behavior at the moment could be perceived as a positive in my view, but I am a VML Bull of course

 

[waterbottle]

What Canada should do to secure its own supply of critical minerals — report

A report presented before the House of Commons states that it is time for the Canadian government to step up its critical minerals game.

www.mining.com

Political wheels are turning. VML is well positioned to capture any additional stimulus

 

[barney]

My monthly comp pick.

Chart tells the story .... Not much Rare Earths interest at the moment

Hopefully the start of the new FY will give the Spec end a bit of a lift

 

[waterbottle]

Production has started, VML has become the first Canadian producer of rare earths.

Well done team. First founder effect is not to be ignored, especially when there is a political appetite for critical minerals

 

[barney]

Production has started

Yes WB. Another milestone for the Co. and right on schedule as everything else has been to date. Very professional team.

 

[waterbottle]

Vital Metals becomes Canada’s first rare earth producer

Australian company has begun production at its Nechalacho project in the northwest territories.

www.mining.com

Media have now picked up the story. Good to see VML being mentioned with the likes of Lynas and emphasising a captured market.

Exciting times for VML and hopefully the management team have the same ideas in mind. Personally I think there are a few opportunities here:

1. They become a takeover target
2. They pivot into other critical minerals I. E. Lithium, cobalt, nickel
3. They expand their rare earth territory (buyout Avalon metals stake or some other rare earth deposit)

 

[waterbottle]

VMLs website has changed - now they're mentioning they're Canada's first producer.

Looks like orders aren't going through either. Trading halt?

 

[barney]

The confidence coming from Geoff Atkins is unmissable

Below link to recent Interview with Will Canty, CEO from Boardroom Media (4 Days ago)





ps Trades going through ok here @waterbottle

 

[barney]

Interview with Will Canty continued.

Assuming the Markets in general remain stable, its not difficult to see VML's SP increasing exponentially over the next few years.

 

[barney]

Older Presentation from May 2021

Explains in Laymans terms what the Company is up to.

 

[spratty84]

Interview with Will Canty continued.

Assuming the Markets in general remain stable, its not difficult to see VML's SP increasing exponentially over the next few years.

Just bought another parcel today, fingers crossed things are looking very promising.

 

[barney]

Just bought another parcel today, fingers crossed things are looking very promising.

Yeah agree @spratty84

I think anyone with a medium/long term positive view regarding Rare Earths can not go wrong with these lads.

The Directors of VML could easily turn up and run operations at Mt Weld tomorrow if they got a call from Lynas, lol

You cant beat experience, and you also can't buy it. Pretty hard to find fault with anything they have done over the last year or so.

They promise and deliver every time on time. Rare in Specland Long term hold for me.

 

[over9k]

Mind me asking how many shares you have @barney? I'm thinking about a topup.

 

[spratty84]

Mind me asking how many shares you have @barney? I'm thinking about a topup.

Not directed at me but i rounded my holding up to 200400 today